Equity99

2024-04-23 07:33:19 After Continuous upper circuit Stock Hit lower circuit Aartech Solonic ( defence play ) Cmp 214.95 Expected lower circuit open 230 Today Again resistance move near Support Zone Open / Comment

2024-04-23 07:29:08 After Continuous upper circuit Stock Hit lower circuit

Aartech Solonic ( defence play )

Cmp 214.95

Expected lower circuit open 230 Today Again resistance move near Support Zone Open / Comment

2024-04-23 05:51:34 Morning Alert..
*Medical device makers look to hike Russia exports to Rs 2,000 cr in 5 years*
India’s exports of medical devices to Russia can be tripled in the next five years through collaborative efforts by both countries, according to the Association of Indian Medical Device Industry (AiMeD). The push to shore up Indian medical device exports to Russia comes after players from both countries recently held an online meeting to explore opportunities in the areas of manufacturing and marketing life-saving medical equipment and devices. “They stressed the need for a dynamic and multifaceted economic engagement, guided by shared interests and a commitment to further deepen bilateral cooperation. The two organisations will contribute in their own humble manner in line with that objective,” AiMeD said in an official statement. The online event was attended by over 70 Indian manufacturers and exporters alongside some key Russian investors. Data compiled by AiMeD shows that India exported most medical devices to the US at $668.9 million in FY 2022-23. This was followed by Germany ($176.2 million), China ($145.6 million), and the Netherlands ($106.5 million).

*Global market action*
Dow Jones – Up by 0.02% or 8.08 points
FTSE – Up by 1.62% or 128.02 points
CAC – Up by 0.22% or 17.95 points
DAX – Up by 0.70% or 123.44 points
Gift Nifty – Up by 0.04% or 9 points

*FII/DII activities*
FII – Sold 2915.23 Cr worth of shares
DII – Bought 3542.93 Cr worth of shares.

*Stocks with high delivery Percentage*
Prestige Estates Projects Ltd – 90%
Sapphire foods India Ltd – 89.5%
P&G Hygiene & Health care Ltd – 87.2%
Ajanta Pharma Ltd – 86.4%
Macrotech Developers Ltd – 85.1%

*Primary market activities*
IPOs opening today
JNK India Ltd (Main board) – Issue size 649.47Cr
Emmforce Autotech Ltd (BSE SME) – Issue size 53.90Cr
Shivam Chemicals Ltd (BSE SME) – Issue size 20.18Cr

Listing today
Ramdevbaba Solvent Ltd (NSE SME) – Subscribed 126.21x
Grill Splendour Services Ltd (NSE SME) – Subscribed 8.68x

*Commodities updates*
Gold – Rs 75050/10gm, Silver – Rs 80550/kg, Brcrude – Rs 6820/barrel, Copper – Rs 844.10/kg.

*Corporate News*
RIL Q4 results: Profit falls 1.8% to Rs 18,951 cr, Rs 10 dividend announced.

Vodafone Idea's FPO booked 6.4 times as foreign investors bet big

Persistent Systems Q4 results: Net profit rises 25.4% to Rs 315.3 crore. Open / Comment

2024-04-22 12:29:24 Strongly trade near upper circuit Open / Comment

2024-04-22 12:14:07 RUDRA GLOBAL

Stock is looking strong on charts, likely to make a upside move to upper circuit Improved delivery volumes has given support.

Important technical levels

S1 - 37
S2 - 35

R1 - 48
R2 - 60 Open / Comment

2024-04-21 08:39:52 Open / Comment

2024-04-20 15:39:20 *HDFC Bank Q4*

Net Profit at Rs 16512.0 crore versus poll Rs 17315.0 crore

NII at Rs 29077.0 crore versus poll Rs 28876.0 crore

Provisions at Rs 13810.0 crore versus Rs 4604.0 crore QoQ

Gross NPA at 1.24% crore versus 1.26% QoQ

Net NPA at 0.33% crore versus 0.31% QoQ

Board has recommended Dividend of Rs 19.5/Sh

NIM at 3.44% versus poll 3.40%

(Profit numbers seen lower on back of higher provisions QoQ, asset quality seen inline) Open / Comment

2024-04-19 10:51:32 *News Headlines from Business News Agencies:*

*Business Standard*

HDFC Life Q4FY24 results: Net profit up 14.8% Y-o-Y at Rs 411 cr
NSE to launch derivatives on Nifty Next 50 index from Apr 24, gets Sebi nod
ReNew, JERA to jointly evaluate green ammonia projects in Odisha
India's FY24 pulses imports hit 6-year high as red lentil purchases jump
After media report, Nestle India says cut added sugars in baby cereal range
Blackstone reports 1% rise in 1st-quarter earnings on growth in fee income
Musk's India visit sparks expectations for Tesla investment and expansion
Orders for ABB globally fall, drag share price for India-listed entity
Sales of first electric car 'SU7' 3-5 times higher than expected: Xiaomi
Apple's India push puts Tamil Nadu on top on electronic exporters
Quess Corp Ajit Isaac seals record real estate deal at Rs 67.5 cr
ITC Infotech to acquire Pune-based Blazeclan Technologies for Rs 485 crore

*Economic Times*

Bajaj Auto Q4 Results: PAT jumps 35% YoY to Rs 1,936 crore
India says it is ready to mitigate economic impact of Iran-Israel conflict
Axis Bank revises savings, salary account tariff structure with effect from April 1, 2024
Power Mech Projects bags orders worth Rs 232 crore
India smartphone up 15% on year in Q1, continues recovery: Canalys
India's trade deficit with ASEAN expands since FTA of 2010
Kotak Mutual Fund files draft document with Sebi for special opportunities fund
NHAI identifies 33 highway stretches for monetisation in FY25
Surbhi Goel to be appointed first female CEO of Munich Re India
SDLG opens its first manufacturing facility in Bengaluru
Hiring in electronics industry sees a hike of 154% year-on-year in March: Quess Corp

*Mint*

Infosys Q4 results: Net profit rises 30% to ₹7,969 crore, revenue up by 1.2%
Infosys Q4 Results: Attrition rate declines further to 12.6%
Tata Motors plans JLR luxury cars production at $1 bn Tamil Nadu plant: Report
Bharti Airtel divests Sri Lanka operations, merges with Dialog Axiata
Hyundai starts setting the stage for India’s biggest IPO
Goldman initiates coverage on Power Grid & Hitachi Energy with 'buy' rating
FSSAI to examine charges against Nestle on adding sugar in baby food products
NCLT grants Byju's one week to settle payment dispute
Tata Group in talks with Fabindia promoters for stake acquisition, says report
News aggregator Dailyhunt parent acquires US-based Magzter
SpiceJet hit with new insolvency claims by three lessors over ₹77 crore dues Open / Comment

2024-04-19 07:29:46 Defence sector is the top highlight now, Aartech Solonic is also a defence company with high growth potential on upside. Open / Comment

2024-04-19 07:07:56 https://www.ndtv.com/world-news/israel-iran-war-live-updates-israel-strikes-hit-iran-airport-tehran-says-shot-down-several-drones-10-facts-5474259 Open / Comment